Dear sir

In assessment year 2018-19 there is tcs on vechicle but not shown in 26as because there is no entry update d by TAN holder and no income tax return is filed by the assessee because there is no income above 250000. And after the correction of tcs in current year 2019_20 that tcs is shown in assessment year 2018-19 amouning to RS 12500 so if there is any solution to claimed that tcs please guild me on this matter

Thanks

dear sir,
What does Supply of services upto Rs 5 lakh allowed under Composition Scheme?
APART from approving various legislative changes the GST Council at its 25th meeting has
also approved the proposal to allow supply of services upto Rs 5 lakh per annum to the
composition dealers. In other words, while computing the turnover of a Composition Dealer,
even if one may be providing certain services along with the supply of goods, such supply of
services upto Rs 5 lakh is to be treated as exempted.
So according to above press release :-
Composition Dealer can provide service upto Rs. 5,00,000
But what is meant by treated as exempt ?
And what type of certain services are ?
Please explain if anybody knows.

FOR GST AUDIT PURPOSE THE TURNOVER LIMIT OF 2 CR IS TO BE CONSIDERED THAT BETWEEN JULY TO MARCH OR FROM APRIL TO MARCH?

REGARDS
RUCHITA

Sir,

Im working under Construction company , Here we are opted for new GST Rates of 1% or 5 % without ITC .
We have ITC balance in electronic ledger ( after reversal of ITC ) based on Carpet area .
1. Can i claim refund ITC or can adjust against output from April 2019
2. If i reversed full amount of electronic ledger , is there any interest to pay

Dear Team ,

If company raise invoice to party after charging GST and company also filled the return and also paid tax with interest , but after six month party still not paying the same and it mostly bad debts of the company . so now company want to reverse the liability of gst and interest amount paid to the govt. So whether company need to raise credit note or it can be amend in b2ba invoice .

Please help on the same.

Dear Team,

As company not filled return of July 2018 3B to further Till date and company want to now file pending return , but there is one confusion whether input credit invoice pertaining to FY 2017-18 can still be claim for filling of GSTR 3B of July 2018 or its lapse due to last date of 20.04.2019.

Please let us help on the same and also let us know provision of the same.

One among the two partners in a firm took a mortgage loan on his personal account and such loan proceeds were remitted via neft to purchase a existing partnership firm.

Total amount paid was Rs. 12,00,000/-. (2,00,000 for fixed assets approx. and 10,00,000 for goodwill)

Can such goodwill be claimed in books of accounts as it is in the nature of purchased goodwill ? And can depreciation be charged on it ?

Also, can such amt Rs. 12,00,000/- in all be shown as capital contribution by such partner in the new firm books of accounts ?

Kindly advice us.

Is composition dealer(trader) require to pay 1% on exempted goods?

Dear Sir,

We are GST Registered in New Delhi and GST registered in chennai both places. We have taken a Vehicle insurance which is running in Chennai Station and Vehicle registered in Tamilnadu. In our insurance policy GST number is mentioned of Delhi Zone i.e. New Delhi GST Number but the Vehicle is running in Chennai, .Request you to advise us can i take credit of GST amount (Mentioned in Insurance policy)in New Delhi .
regards,

Motilal Verma
9711823011

Where should i place udin in my GST audit report and Income tax Audit report?
While uploading balance sheet and profit and loss a/c in gst audit, Tax audit audit profit and loss account required to be uploaded?
cash flow statement require to upload?